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Tuesday 26.03.2019 | Name days: Eiženija, Ženija

ABLV Bank successfully pays 69% of all guaranteed remuneration amount

The liquidated ABLV Bank has repaid clients EUR 328.66 million, which is 69% of the guaranteed remuneration amount, as confirmed by Citadele Bank’s corporate communications manager Ieva Prauliņa.

Canadian cannabis shops face shortages on 2nd day of legalisation

Cannabis stores in Canada have experienced shortages on the second day since the legalisation of recreational cannabis, as the demand is much higher than the supply of the drug.

Seven Latvian companies listed among TOP 50 Baltic businesses

Among the 50 largest businesses in Baltics, seven hailed from Latvia in 2017. This is three businesses fewer than there were the previous year, as BNN was informed by representatives of Coface with reference to their list of the TOP 50 businesses in Baltic States.

Additional funding of EUR 232 million to be allocated for EU projects in 2018

Additional funding of EUR 232 million will be allocated for different European Union policy instruments and other kinds of foreign financial assistance projects before the end of 2018, as decided by Latvia’s Cabinet of Ministers on Tuesday, 16 October.

Lithuania and Ukraine to co-operate in Fintech

The central banks of Lithuania and Ukraine have committed to working together to promote the development of financial innovations and have signed a Co-operation Agreement in the Area of Innovation Development.

Latvian government supports 2019 budget project

On Monday, 15 October, Latvia’s Cabinet of Ministers supported Finance Ministry’s prepared 2019 budget plan project. State budget revenue in 2019 is planned at EUR 9.178 billion, which is EUR 217 million more when compared to 2018, whereas state budget expenditures are planned at EUR 9.205 billion, which is EUR 96 million more when compared to 2018.

Stockholm’s and Sigulda’s combined offer officially added to 2026 Olympics list

The combined offer submitted by Sweden’s Stockholm and Latvia’s Sigulda was officially added on to the short-list of 2026 Olympics host candidates by the International Olympics Committee on Tuesday, 9 October.

Estonian industrial production up 6% on year

With a boost in electricity production, Estonia's industrial enterprises' production has grown by six percent between August 2017 and August 2018, official statistics show.

Facebook uncovers cyber attack affecting nearly 50 million user accounts

Social media giant has suffered in a giant security breach that, according to the company, has made the personal information of close to 50 million user accounts accessible to attackers.

Week in Lithuania. Lithuanian parliament to launch probe of political corruption during previous governments

The Lithuanian Seimas is set to launch a new parliamentary investigation into political corruption during the tenure of previous governments. Sixty-seven MPs on Tuesday, September 25, voted in favor of setting up a new parliamentary investigation commission, 28 were against and three abstained.